- Chapters 14 Required information [The following information applies to the questions displayed below] The following year-end information is taken from the December 31 adjusted trial balance and o 51 2 Company. Advertising expense $ 28,750 Depreciation expense Office equipment 7,250 Depreciation expense-Selling equipment Depreciation expense-Factory equipment 49, 325 Raw materials purchases (all direct materials) 925,000 Maintenance expense-Factory equipment 357400 Factory utilities 33,000 Direct labor 575, 440 Indirect labor 159,475 BOCK office salaries expense 63,000 Rent expense office space 32,000 Rent expense-Selling space 26,100 Rent expense-Factory building 76,840 Sales salaries expense 392,560 Using the following additional information for Leone Company, complete the requirements below. hype here to pearch O g R U Oerto.mheducation.com/ext/map/index.html?_con= con&external_browser=UdlaunchUil DOC Google lems - Chapters 14 () 7 Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 166,850 Raw materials inventory, ending 182,080 Work in process inventory, beginning 15,70 on 2012 Sales 4,462,500 Work in process inventory, ending 19, 100 Finished goods Inventory, beginning 167,350 Finished goods inventory, ending 136,490 Required: 1, Prepare the schedule of cost of goods manufactured for the current year. Salesed 2. Prepare the current year income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the current year income statement LEONE COMPANY Income Statement Mic OF 9 Next > Type here to search R U O- Chapters 14 0 Saved Required information Prepare the current year income statement. LEONE COMPANY of 2 Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale #Book Cost of goods sold